Update, 5/15/2014: Businessman Luigi Brugnaro bought the 99-year lease for the island of Poveglia, long considered one of the most haunted places in the world. He spent around $704,000 to purchase the lease, and said he also estimates spending around $27 million to restore the island, though he did not say for what purpose. Reportedly, he bought the island to keep it within Venetian control, rather than allow another nation to wrest it from Venice’s grasp.

If you’re a normal human and spend too much time on the internet, you have likely fallen down a deep, dark Wikipedia rabbit hole late at night too many times to remember. Whether it’s reading about the historical accounts of real-life pirates, or finding out what happened to bands that had a hit single when you were in middle school, your night inevitably crosses into unexplained phenomena. Aliens, ghosts, missing persons, cryptozoology, and — of course — creepypasta, have taken control of our browsing habits many times, and in those travels, you might have come across the island of Poveglia, often referred to as the most haunted island in the world. It’s for sale.

Poveglia is an island in northern Italy located between Venice and Lido. For a while, Poveglia was just a normal island, going through many different (not haunted) iterations throughout the centuries. From a safe haven from attack back in the late 1300s, to a check point for imported and exported goods in the late 1700s, Poveglia has held a wide variety of vocations. However, toward the end of the 1700s, Poveglia was inundated with cases of the plague, which obviously gave the island a grim fate. It was turned into a quarantine, and was again used as such during the 20th century.

If a bunch of people dying in quarantine from the plague wasn’t enough to give the island an eerie past, the existing buildings were turned into a mental asylum — classic fodder for potential hauntings — back in 1922. The asylum was operational for 46 years, and rumors claim a doctor performed inhumane experiments on its patients until he was driven mad by ghosts and committed suicide. So: plague deaths, an insane asylum, inhumane experiments, and suicide. It’s not exactly a wonder that the island is referred to as one of the most haunted places on the planet.

The 17-acre island is currently owned by the Italian government, but a 99-year lease will be auctioned off at a price to be revealed at a later date. The state sales agency did, however, note that barracks on the island were previously sold for $5.2 million. As a well-meaning but perhaps ill-guided endeavor, the Italian government hopes a buyer will turn the abandoned asylum into a luxury hotel, which is always a great establishment to build atop the the graves of mentally ill asylum patients that were the victims of medical malpractice.